U.S. music industry postures to make over $10 billion in revenue in 2019 This year the music industry is expected to breach $10 billion for the first time since 2007, according to a mid-year revenue report from… Related Posts: California’s gig economy AB5 bill could significantly damage the independent music industry Vinyl sales will likely surpass CD sales for the first time in more than 30 years
Streaming services now account for 75% of music industry revenue Streaming services took home the biggest slice of the record industry pie in 2018, according to a new report from the RIAA. Related Posts: Phonocut to become first machine to enable easy, at-home vinyl cutting Is the album antiquated? Many young music consumers have never heard a full album, survey finds
The music industry made $43 billion in 2017, but artists only took away 12% of it It's a hard-knock life for musicians, who drive their industry in the first place. Related Posts: California’s gig economy AB5 bill could significantly damage the independent music industry U.S. music industry postures to make over $10 billion in revenue in 2019
Spotify now boasts 83 million subscribers, reports second quarter loss New numbers show Spotify's ups and downs since going public earlier this year. Related Posts: Is the album antiquated? Many young music consumers have never heard a full album, survey finds Spotify launches two new personalized playlists based on most-played tracks
Bitcoin technology could change the streaming industry forever A handful of new startups aim to apply Bitcoin's blockchain technology to music metadata ensures artists are paid royalties from even unauthorized streams. Related Posts: LondonBridge drops off latest single, ‘What Goes Up Must Come Down’ [Stream] U.S. music industry postures to make over $10 billion in revenue in 2019
SoundCloud’s annual revenue up 43% to nearly $28 million According to data shared with'Digital Music News, SoundCloud's annual revenue is up 43% compared to last year Related Posts: U.S. music industry postures to make over $10 billion in revenue in 2019 Premiere: Anakim talks ‘The Oracle’ EP and taking an organic approach to music [Stream]
Credit Suisse predicts that revenue from streaming services will increase sixfold from 2015 to 2020 The financial service company estimates that the global music industry will see revenue increase in 2016 for the first time since 1998 Related Posts: U.S. music industry postures to make over $10 billion in revenue in 2019 EDC Las Vegas security guard tries to extort Cowboy’s Ezekiel Elliott for $500,000 according to new report
